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NO, and the next Nintendo console will most likely be just as powerful as the other consoles next gen. The reason why Nintendo consoles are so cheap is that they are ONLY game consoles. Every other console maker is heading the media route while Nintendo is heading the game route. So this console will be cheap, and have the same graphical capabilities a its competitors. Also note they have to put alot of money in their new controllers, while Nintendo could just improve upon theirs, so you could even see the next Nintendo console more powerful. Anyway once graphics reach a peak then consoles will still be more powerful to support things such as physics, Ai, and larger worlds. So it won't be anytime soon when this happens.